Jeff Bezos Net Worth

What is Jeff Bezos’ net worth?

Jeff Bezos now tops the list of richest people with a net worth of $130 billion. This figure comes from real-time data from Forbes.

Jeff Bezos is the founder of the world famous Amazon, which is said to be one of the largest and most successful online marketplaces in the world.

There has been a lot of talk lately about who the richest person in the world is, and Jeff Bezos’ net worth has been fluctuating a lot lately. However, Jeff has now dethroned Bill Gates to become the richest man in the world.

Jeff Bezos – Key Facts

• Jeff Bezos founded Amazon in 1994 as an online bookstore.
• He listed Amazon in an initial public offering in 1997 at $18 per share. After that, Amazon’s stock rose 40 times its previous value.
• He made the Forbes 400 list for the first time in 1998.
• He was named The Times Person of the Year in 1999.
• He founded an aerospace company called Blue Origin in 2000.
• He founded Amazon Studios in 2010, distributing movies and series through theaters and Amazon Prime Video.
  Jeff Bezos bought the Washington Post in 2013 for $250 million.
• He became the richest person in the world in 2018, when he overtook Bill Gates.
• He resigned as CEO of Amazon in 2021.
• He was part of Blue Origin’s first human flight in 2021.
  Over the years, Jeff Bezos sold over $27 billion worth of Amazon stock (before taxes).

Early Life

Jeff Bezos was born on January 12, 1964 in Albuquerque, New Mexico.

His grandfather was the regional director of the US Atomic Energy Commission there, and he retired early to the farm. Jeff spent many summers there working with him as a youth.

Bezos has often demonstrated scientific interests and technical expertise. He once set off an electric alarm to keep his younger siblings out of the room.

Jeff attended Miami Palmetto High School, where he participated in the Student Science Training Program at the University of Florida, earning a Silver Knight Award.

Career
Jeff Bezos’ Career

Jeff graduated from Princeton University in 1986 and went to work on Wall Street in the computer science field. He then built a network for international trade for a company called Fatal.

Later, he worked at Bankers Trust, and he founded the hedge fund company D.E. Shaw & Co. I also worked on internet based business opportunities.

In 1994, he founded Amazon.com, which began as an online used bookstore. Inventory grew rapidly, as the site grew in popularity; And in 1998, Jeff made the Forbes 400 list.

Amazon has become the world’s largest online retailer, employing more than 800,000 people, and to think it all started in Bezos’s home where he sold second-hand books.

In 2018, Bezos became the richest man in the world, overtaking Bill Gates for the top spot.

At that time, his net worth had reached $150 billion. However, this was before her divorce from her marriage to McKenzie Bezos. The divorce netted her nearly $35 billion in Amazon stock, incidentally making her one of the richest women in the world.

It went down as the costliest divorce in history.

As of 2020, Jeff Bezos’ net worth is approximately $130 billion.

How does Jeff Bezos spend his money?
Jeff Bezos is the richest person in the world. His house in Medina is said to be worth $25 million. Neighbors include the world’s No. 2 richest man, Bill Gates.

In Manhattan, Bezos’ three attached apartments in The Century Building on Central Park West are worth at least $17 million, according to Wealth-X.

According to the Seattle Times, Bezos also funded the recovery of “the remains of several Apollo booster rocket engines from 14,000 feet below the Atlantic Ocean” that began in 2013.

He owns a high-end, $65 million private jet. 2015 Gulfstream G-650ER, through its holding company Poplar Glen. Bezos Expeditions has invested in businesses including Basecamp, Juno Therapeutics, Workday, and Twitter.

According to Wealth-X, Bezos’ stake in Bezos Expeditions is estimated to be worth at least $880 million.

In 2017, Bezos gave $35 million to the Fred Hutchinson Cancer Research Center in Seattle, The New York Times reported. And, Bezos also gave $1 million to the Reporters Committee for Freedom of the Press.

Highlights
Here are some highlights of Jeff Bezos’ career:

Founded Amazon (1994)
Makes the Forbes 400 List (1998)
Founds Blue Origin (2000)
The bursting of the dot-com bubble (2001)
Launch of Amazon Web Services (2006)
Launch of Amazon Studios (2010)
Buys the Washington Post for $250 million (2013)
Second richest behind Warren Buffett (2016)
Became the Richest Man in the World (2018)

Favorite Jeff Bezos Quotes
Best Jeff Bezos Quotes (1)

“If you’re going to innovate, you have to be misunderstood.” – Jeff Bezos